Shenzhen has joined Shanghai to tighten regulation and supervision over local P2P (peer-to-peer) platforms after numerous scandals emerged where individual investors suffered losses from shady P2P start-ups. The Chinese government has recently publicized a draft regulation to regulate and strengthen supervision over information intermediaries engaged in online lending. Shenzhen officials told Chinese media that the […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.